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Saturday , September 23 2023

Business

Arab Countries Aim to Boost Global Crude Reserves and Energy Supplies

KUWAIT CITY, Sept 21: Arab countries’ global crude reserves are at 54.3 percent and the region is eager to boost world supplies by 38.1 percent …

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ABK Announces Hebah Barrak Al Tukhaim as Winner of the Alfouz KD 10,000 Weekly Draw Prize

Kuwait City, Sep 21: Al Ahli Bank of Kuwait (ABK) announced Hebah Barrak Al Tukhaim as the KD 10,000 Alfouz weekly draw winner on Monday, …

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KIB promotes financial literacy and banking awareness at Ooredoo headquarters

Kuwait City, Sep 21: For the third year in a row, Kuwait International Bank (KIB) announced its continuous support of the ‘Let’s Be Aware’ (Diraya) …

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Kuwait Arbitration Forum launches with calls for legal reform to boost investor confidence

Gulf, international legal experts grace event Kuwait Arbitration Forum inauguration participants KUWAIT CITY, Sept 20: During the inaugural session of the first Kuwait Arbitration Forum, …

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KUFPEC Secures Deal to Purchase 40% Stake in Exploration Zone Off the Coast of Egypt

‘Step will also boost company’s marine assets’ CAIRO, Sept 20 : Kuwait Foreign Petroleum Exploration Company (KUFPEC) has inked an accord with BG International Limited, …

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Strategic Insights: Al-Barrak’s Perspective on the First 4 Years in a Long-Term Plan

KUWAIT CITY, Sept 21: Dr. Saad Al-Barrak, the Deputy Prime Minister, Minister of Oil, Minister of State for Economic Affairs and Investment, and Acting Minister …

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Analyzing the Expected Fiscal 2024 Deficit in Light of Surpluses

KUWAIT CITY, Sept 21: EFG Hermes stated in a recently issued report that Kuwait’s financial position will remain solid in the medium term, especially with …

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Foreign ownership in First Market companies declines in 2023, now at KD 5.044 billion

KUWAIT CITY, Sept 20: Foreign ownership in shares of First Market companies saw a 0.3 percent decrease in value from the beginning of 2023, totaling …

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Housing Financing in Kuwait: A 3.9% year-on-year growth in 2023

KUWAIT CITY, Sept 19: Local banks have reported a significant decline in financing provided to the residential sector, with a consolidated monthly decrease of 38.6 …

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KSE, SMEs Fund Sign MoU In Support Of Entrepreneurs

KUWAIT CITY, Sept 19: The Kuwait Society of Engineers and the Kuwait Fund for Small and Medium Enterprises Development have reached an agreement to establish …

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